-

7 months ago

Recovery Officer

First Bank of Nigeria

Job Detail

Salary:₦70,000 - ₦80,000

Industry:Goverment

Job Type:Full Time

Location:Lagos

Deadline:June 14, 2018

Job Description

First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services

The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi

The position of Recovery Officer is vacant within the Remedial and Classified Assets Management department and we are seeking to engage a suitably qualified and self-motivated individual to fill the role

Reporting to the Recovery Team Lead, the successful candidate will be responsible for the aggressive recovery of delinquent accounts and reduction of bad debt portfolio through the accurate appraisal of the Bank’s debtors and the adoption of proactive strategies that will ensure that the Bank’s interests are adequately protected

Specific responsibilities and manning requirements are as follows:

Implement aggressive recovery strategies to recover the Bank’s assets from recalcitrant and unwilling debtors within designated locations and SBU

Assist in the foreclosure of assets to secure all unpaid debts and facilitate the prompt disposal of debtor’s assets by the Bank

Implement aggressive recovery strategies to recover the Bank’s assets from recalcitrant and unwilling debtors within designated locations and SBU

Appraise repayment proposals from the Bank’s debtors and adopt proactive actions that will ensure that the Bank’s interests are protected at all times

Follow up on all recovery cases in Court to ensure timely conclusion and adequate representation of the bank

Appraise the achievements of the Bank’s Recovery Agents & make performance recommendations to Management